Insider Selling: Southern Silver Exploration (CVE:SSV) Insider Sells C$60,000.00 in Stock

Southern Silver Exploration Corp. (CVE:SSV) insider John Oness sold 100,000 shares of Southern Silver Exploration stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of C$0.60, for a total value of C$60,000.00. Following the sale, the insider directly owned 170,500 shares of the company’s stock, valued at C$102,300. This trade represents a 36.97% decrease in their ownership of the stock.

John Oness also recently made the following trade(s):

• On Friday, August 7th, John Oness sold 25,000 shares of Southern Silver Exploration stock. The stock was sold at an average price of C$0.60, for a total value of C$15,000.00.

Southern Silver Exploration Stock Performance

SSV opened at C$0.59 on Tuesday. Southern Silver Exploration Corp. has a one year low of C$0.30 and a one year high of C$1.13. The company has a market cap of C$245.68 million, a P/E ratio of -19.67 and a beta of 2.48. The business’s 50-day simple moving average is C$0.58 and its 200-day simple moving average is C$0.55.

About Southern Silver Exploration

Southern Silver Exploration Corp., an exploration stage company, engages in the acquisition, exploration, and development of precious/base metal properties in North America. The company explores for gold, silver, copper, lead, and zinc ores. Its flagship property is the Cerro Las Minitas project that comprises twenty-five mineral concessions covering an area of approximately 27,422 hectares located in Durango State, Mexico. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp.